Four Technical Drivers: Price structure similar to prior consolidationPrice breaking 50-EMA supportRSI moving from neutral to bearishMACD cross below centre line ( bearish ) 4H Chart Levels: Enter (Current: 0.7091)…
Today on European markets, travel firms and retailers are leading gains, with optimism around potential re-openings. During yesterday’s US trading session, we also took at a look at leisure firms…
News of the FDA approval of the Pfizer-BioNTech vaccine has seen global equity markets rally at the start of the week. This rebound follows strong selling pressure and near oversold…
Via our research, we’ve maintained two views on CLS: The medium term ascending triangle is positive and could see higher levels being tested (possibility of 31300c/32200c), however In recent days…
At current levels, we consider a short/sell on the S&P 500 Futures Index Sentiment Risk: Middle East conflict, China Slow down (see economic data) etc.Technical Setup: Weak candle structure at…
Key Technical Drivers Double trend line resistance cleared Daily 50-EMA and 200-SMA cleared 14-day RSI testing resistance, possible breakthrough Trade Levels: Buy at current levels, 148.00 or betterStop: 139.00Target: 164.00
